Delhi clears purchase of four more Boeing P-8I maritime recce aircraft
02 Apr 2011
New Delhi: India has cleared the purchase of four more P-8I long-range maritime patrol and anti-submarine warfare aircraft from Boeing Co, a senior company executive confirmed to Dow Jones Newswires on Thursday. The P-8I is a variant of the P-8A Poseidon that the company is building for the US Navy.
India is the P-8's first international customer.
According to Chris Chadwick, president of Boeing Military Aircraft, the company also expects India to sign a final agreement in the next few months for the purchase of 10 C-17 Globemaster III airlifters.
Without revealing the value of the deal for the four additional P-8I aircraft, Chadwick merely conformed that approval was granted by Delhi recently and that the aircraft would be delivered after 2015.
The four P-8I aircraft are in addition to eight already on order. These eight aircraft will be delivered to the Indian Navy in the period January 2013 and December 2015 and will help the force strengthen its capabilities on the high seas.
The first contract was signed in January 2009 for $2.1 billion.
.jpg "RBI keeps repo rate unchanged as focus remains on inflation")
.jpg "Indian Oil, Panasonic team up for lithium-ion cell production in India")
